$SUI is flashing a potential trend reversal signal on the 1H chart! After printing a local bottom at 0.7251, the asset has experienced a decent wave of buying pressure, currently trading at 0.7718. The price action successfully cleared the immediate hurdles, breaking above both the MA(7) at 0.7547 and the MA(25) at 0.7499. These lines should now act as short-term foundations for the bulls. The next major test for this recovery is the heavy MA(99) dynamic resistance sitting at 0.7914. If trading volume spikes and pushes @Sui
above 0.7920, it could open the floodgates for a broader rally toward the $0.83 zone. Meanwhile, keeping a close eye on the MA(25) support to ensure the bullish structure remains fully intact. Are you buying this breakout or waiting for a retest of the lower support? #sui #SuiNetwork #crypto #trading #TechnicalAnalysis